Turkey introduces 10-year FIT for solar, other renewables
The Turkish authorities have set a 10-year feed-in tariff (FIT) of TRY 1.06 ($0.0545)/kWh for PV systems that are installed between July 1, 2021, and December 31, 2030. Solar projects with Turkish PV components will be given an additional five-year tariff of TRY 0.2880/kWh.
India’s largest gas supplier moves into solar module production
GAIL (India) Ltd, India’s largest natural gas company, has announced plans to expand into vertically integrated solar manufacturing with an undisclosed partner.
France deployed 2.4 GW of solar in 2022
France installed 743 MW of new PV installations in the fourth quarter alone.
India wraps up 1.2 GW hybrid wind-solar tender with $0.057/kWh tariff
Solar Energy Corp. of India (SECI) has agreed to sign a 25-year power purchase agreement with hybrid power developers.
Australian authorities assign 1.12 GW of PV in renewables tender
The New South Wales state government in Australia has announced the successful projects of its first tender under the Electricity Infrastructure Roadmap. Developers will build two major solar farms, a wind farm, and an eight-hour battery energy storage system to manage the phase-out of coal-fired power generation from the state’s grid.
US House of Representatives votes to resume solar tariffs
US President Joe Biden’s two-year halt on solar import tariffs is designed to create a bridge of supply as the United States ramps up its domestic manufacturing capacity.
Navitas Solar ramps up PV panel capacity to 1.7 GW
Indian manufacturer Navitas Solar is ramping up its PV panel capacity to 1.7 GW per year by adding a new 1.2 GW manufacturing facility. The new factory can produce M10 and G12 mono PERC and TOPCon modules.
Swiss manufacturer enters Australia with heterojunction solar module
Swiss solar module manufacturer Meyer Burger will enter the growing Australian PV market by offering a range of high-performance solar panels that it claims deliver greater energy yields than traditional technologies.
First Solar revenue falls in Q1 as US facility investments take priority
First Solar has reported a decline in first-quarter revenue, citing investments in US facilities as a priority, with 25% of its full-year guidance expected in the first half.
Atlas Renewable Energy signs PPA for 902 MW of solar in Brazil
Atlas Renewable Energy has signed an unprecedented 21-year power purchase agreement (PPA) with Albras, the largest aluminum producer in Brazil. It is the longest corporate renewables PPA ever signed in Latin America.
